PPP Loan information for United management & development associates inc.

Date Approved

02/03/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

UNITED MANAGEMENT & DEVELOPMENT ASSOCIATES INC.

Borrower Address

89 Delta Ave Ste 101

Borrower City

Clarksdale

Borrower State

MS

Borrower Zip

38614-2749

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100800.00

Current Approval Amount

100800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clarksdale

Project County Name

COAHOMA

Project State

MS

Project Zip

38614-2749

CD

MS-02

Jobs Reported

8

NAICS Code

531110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

100799.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101236.34

Forgiveness Date

07/14/2021